Guidelines on State Aid

Guidelines on State Aid refer to rules established by governments or regulatory bodies to control how public funds can be used to support businesses and industries. These rules aim to ensure that financial assistance from the state doesn’t unfairly advantage certain companies over others, thereby maintaining fair competition. The guidelines specify what types of aid are permissible, such as grants or tax breaks, and under what conditions they can be provided. Ultimately, they seek to promote economic growth while preventing distortions in the market that could arise from unregulated state support.